Xiaomi's stock has experienced a significant decline over the past six months, dropping from nearly $9 to around $4.70.
Despite a recent attempt at a bullish rebound, the overall trend remains bearish with key resistance levels at $5.5 and $6.2.
The stock faces critical support between $3.8 and $4.2, which, if breached, could lead to further downside.
Momentum indicators show mixed signals, with short-term bullish signs but a prevailing bearish trend confirmed by death crosses on the EMAs.
Xiaomi’s stock has been in a sustained six-month downtrend, sliding from nearly $9 to around $4.70 and effectively cutting its valuation in half. Yet despite this steep decline, the chart suggests the move may not be finished. Multiple key support zones sit below current price levels, indicating that Xiaomi could still face additional downside before establishing a durable bottom.
Xiaomi Stock Could See Further Downside Towards Golden Ratio Support
Xiaomi remains firmly entrenched in a multi-month downtrend, and the chart continues to open the door for further retracement. The next major structural support sits at $3.80, aligning with the golden ratio Fib level, which represents the most meaningful convergence of buyers on the current leg lower. Below that, Xiaomi faces an additional layer of long-term support at the 50-month EMA around $3.46, a level that historically acts as a cyclical inflection point.
Momentum conditions further support the downside bias: the MACD lines are on the verge of a bearish crossover, while the MACD histogram continues to trend lower, signaling accelerating bearish momentum. At the same time, the RSI remains in neutral territory, offering no countertrend signals and leaving room for continued price weakness.
Xiaomi
Xiaomi Stock Bounces Off Support Zone
Xiaomi is currently attempting a bullish rebound from the horizontal support zone between $4.15 and $4.87, a region that has historically acted as a strong demand cluster. This reaction coincides with the MACD histogram beginning to tick higher on the weekly timeframe, marking the first bullish shift after several consecutive weeks of downside momentum.
If Xiaomi extends this rebound, it will face its first major hurdle at the 50-week EMA around $5.82. A decisive break above that level would open the path toward the 0.382 Fib resistance at $6.34, where the price was rejected just two weeks ago. Beyond that, the next major structural barrier is the golden ratio resistance at $7.50—a level that must be reclaimed to formally invalidate the broader correction phase and reestablish a sustained bullish trend.
Xiaomi
Death Cross on the Xiaomi Stock Daily Chart
On the daily timeframe, momentum has begun to stabilize: the MACD lines have crossed bullishly, and the MACD histogram is currently ticking higher, signaling improving short-term momentum. The RSI remains neutral, providing neither overbought nor oversold signals.
However, despite this short-term strength, the broader trend remains bearish. The 50-day EMA has now crossed below the 200-day EMA, forming a death cross and confirming a bearish short- to medium-term trend structure. Even so, Xiaomi appears to be in the midst of a near-term upward push, with the next significant resistance zone coming into view at the clustered 50-day and 200-day EMAs near $6.
Xiaomi
Similar Outlook on the Xiaomi 4H Chart
The 4H chart reflects a similar mixed structure. The EMAs have also formed a death cross, reinforcing a bearish short-term trend bias despite the recent rebound. At the same time, momentum indicators are turning upward: the MACD lines have crossed bullishly, the MACD histogram continues to tick higher, and the RSI remains neutral, leaving room for further upside without signaling exhaustion.
In the immediate term, Xiaomi faces resistance at the 50-4H EMA around $5.50, which represents the first barrier the price must clear before any attempt at a more substantial short-term rally.
Xiaomi
Xiaomi Stock — Summary & Key Levels
Xiaomi has been in a clear downtrend, losing nearly half its value over the past six months as it slid from $9 down to $4.7. The broader trend remains bearish, with the weekly and 4H charts both showing death crosses on the EMAs, reinforcing downside momentum.
Despite short-term bullish signals on the 4H MACD, momentum remains weak overall, and the RSI stays neutral with no strong reversal signal yet.
Key Levels to Watch:
Immediate Resistance: $5.5 (4H 50 EMA)
Major Resistance: $6.2 and $7.5
Current Support: $4.15 – $4.87
Major Support Zone:$3.8–$4.2 — a critical level that, if broken, could open the door to further downside.
Overall, Xiaomi remains under pressure unless the price can reclaim the key EMA resistances and break above $5.5 with volume.
Konstantin Kaiser comes from a data science background and has significant experience in quantitative trading. His interest in technology took a notable turn in 2013 when he discovered Bitcoin and was instantly intrigued by the potential of this disruptive technology.
